FINEFISH AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 34 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,475 of 2,312 · Sjømat
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 55 and solidity 34 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
FINEFISH AS is 6 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 208 companies.
Against medium-sized companies in the same sector in 2025: operating margin 6.3% (median 12.7%) and equity ratio 29.5% (median 41.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 443 MNOK | 196 MNOK |
| Operating margin | 6.3% | 12.7% |
| Profit margin | 5.1% | 8.0% |
| Return on assets | 15.6% | 7.4% |
| Equity ratio | 29.5% | 41.4% |
| Debt-to-equity | 2.39 | 1.37 |
| Current ratio | 1.30 | 1.68 |
| Revenue growth | −31.2% | 10.5% |
| Revenue per employee | 8.05 MNOK | 8.33 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 43, FINEFISH AS does better than 34% of medium-sized companies in the same sector (208 companies) in 2025.
Score 2023–2025
- FINEFISH AS
- Median: medium-sized companies in the same sector
What the numbers say
FINEFISH AS had an operating margin of 6.3% and an equity ratio of 29.5% in 2025, and ranks 1,475 of 2,312 in Sjømat.
From 2024 to 2025: revenue fell by 31% and the equity ratio rose from 20.4% to 29.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 55 MNOK and 174 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 174 MNOK |
| EV/EBIT | 8.0 | 174 MNOK |
| P/B | 1.0 | 55 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of −1.7%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 55 | weight 30% |
|---|---|---|
| Solidity | 34 | weight 25% |
| Liquidity | 40 | weight 15% |
| Growth | 6 | weight 15% |
| Consistency | 75 | weight 15% |
Durability: 42 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FINEFISH AS?
The operating margin was 6.3% in 2025, against a median of 12.7% among medium-sized companies in the same sector. Return on assets was 15.6%.
How solid is FINEFISH AS?
The equity ratio was 29.5% in 2025 (median 41.4%). Debt-to-equity was 2.39 (median 1.37).
What is the liquidity of FINEFISH AS like?
The current ratio was 1.30 in 2025 (median 1.68).
How does FINEFISH AS compare in Sjømat?
FINEFISH AS ranks 1,475 of 2,312 in Sjømat for 2025. Among companies of the same size (medium-sized companies) it ranks 138 of 208. Revenue changed by −31.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 876982382
- Legal form
- AS
- Sector
- Sjømat (10.203)
- Size tier
- medium
- Employees
- 55 registered 10 October 2026
- Founded
- 8 June 1996 30 years in operation
- Share capital
- 3.18 MNOK
- Business address
- Sandshamna 91, 6089 SANDSHAMN (SANDE)
- Municipality
- Sande rank 31 of 39 in KOSTRA group 4
- Latest accounts filed
- 2025
- Website
- www.sandefisk.no
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Sivert Elias Sande
- Chair of the board
- Ole Erling Sande
- Board member
- Gjermund Magne Bringsvor
- Deputy member
- Sivert Elias Sande
- Deputy member
- Adriane Jakupi Skinnes
- Auditor
- ULSTEIN REVISJON AS
- Accountant
- EBIT REGNSKAP AS
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 35 | 49 | 43 | |
| Rank | 1,687 | 1,186 | 1,475 | |
| Operating margin | 4.8% | 5.7% | 6.3% | |
| Return on assets | 9.9% | 20.1% | 15.6% | |
| Equity ratio | 20.2% | 20.4% | 29.5% | |
| Current ratio | 1.02 | 1.15 | 1.30 | |
| Revenue growth | – | 185.7% | −31.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 225.1 MNOK | 643.2 MNOK | 442.6 MNOK |
| Operating profit | 10.8 MNOK | 36.6 MNOK | 28.1 MNOK |
| Profit before tax | 4.5 MNOK | 31.3 MNOK | 22.4 MNOK |
| Net profit | 3.5 MNOK | 25.3 MNOK | 17.4 MNOK |
| Financial expenses | 6.6 MNOK | 5.7 MNOK | 6.7 MNOK |
| Total assets | 111.4 MNOK | 184.5 MNOK | 186.6 MNOK |
| Current assets | 47.3 MNOK | 102.4 MNOK | 103.7 MNOK |
| Equity | 22.5 MNOK | 37.7 MNOK | 55.0 MNOK |
| Retained earnings | 19.4 MNOK | 34.5 MNOK | 51.9 MNOK |
| Total liabilities | 88.9 MNOK | 146.8 MNOK | 131.5 MNOK |
| Current liabilities | 46.3 MNOK | 89.4 MNOK | 79.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7081108.
Further
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